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by 2024 Costume Jewelry Market in U.S. Region to Attain US$ 20.3 Billion
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/us-costume-jewelry-market.asp
The multi-billion dollar media & entertainment industry in the US unmistakably grabs the attention of almost every other person in the world. From Hollywood to its fashion & showbiz, US has always welcomed innovative designs that transform one’s appearance into remarkable stance. The demand for costume jewelry in the US is expected to gain traction, in the years to come, as leading edge accessories will continue to replace traditional ornaments. Persistence Market Research’s latest publication, titled “Costume Jewelry Market: US Industry Analysis and Forecast, 2010-2024,” estimates that by the end of 2024, the costume jewelry market in US will have netted revenues worth over US$ 20,289.3 Mn.
A sample of this report is available upon http://www.persistencemarketresearch.com/samples/14863
According to the report, the costume jewelry market in US will grow at a steady pace during the forecast period. Proliferation of e-commerce and online distribution channels has propelled the market’s potential, while technologies facilitating computerized generation of jewelry designs have developed lucrative growth opportunities. During the forecast period, the US costume jewelry is projected to exhibit a value CAGR of 5.2%.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/us-costume-jewelry-market/toc
Key highlights on the forecast of US costume jewelry market, compiled in the report include:
Earrings & finger rings are likely to become top-selling products in the US costume jewelry market, bringing in over US$ 7,000 Mn by 2024-end
In terms of revenues, sales of necklaces and pendants across US will exhibit sizeable growth at 5.7% CAGR
Increasing presence of non-branded costume jewelry makers will keep fragmenting the market’s growth
Inclination towards purchase of premium costume jewelry will fuel the market’s expansion as rising disposable incomes and easy access to top brands will propel the reach of costume jewelry businesses in the US
Through 2024, close to US$ 10,000 Mn worth of costume jewelry sold in the US will be priced between US$ 50 and US$ 100, while demand for high-priced (US$ 220 above) will gain traction
The report also reveals that throughout the forecast period, multi-brand boutiques will be identified as largest distribution channels for costume jewelry in the US
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